Correction Complete?

Updated: Feb 18

In this week's Crypto Insight video I described...


the bearish case for Bitcoin based on the Tether misbehaviour that has been around since 2018 yet the market still continues to go higher. https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3


This Twitter thread tries to explain some of the inaccuracies of the article that has been getting people spooked. https://twitter.com/dfauchier/status/1350741870868111360?s=21

I don’t know who is right. DO YOUR OWN RESEARCH.


I would argue that the market has know about this potential fraud for a while and it doesn’t seem to have mattered yet. Given Tethers importance is dropping, I think it’s unlikely to crash the whole space.


Filmed on on Tuesday 26th January 2021.


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